Consolidated figures
| Ratio | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Margins | ||||
| Gross margin % | 5% | 4.5% | 4.5% | 5.1% |
| EBITDA margin % | 2.1% | 2.7% | ||
| 2.9% |
| 2.8% |
| EBIT margin % | 2% | 2.6% | 2.8% | 2.7% |
| PAT margin % | 1.4% | 1.9% | 1.9% | 1.8% |
| Working capital | ||||
| Receivable days | — | — | — | — |
| Inventory days | 9 | 13 | 18 | 18 |
| Payable days | — | — | — | — |
| NWC days | — | — | — | — |
| Leverage | ||||
| Current ratio | 10.06 | 4.91 | 2.84 | 1.72 |
| Debt to EBITDA | — | — | — | — |
| Debt to equity | — | — | — | — |
| Interest coverage | 19.8 | 28.9 | 12.4 | 7.8 |
| Asset turnover | 3.95 | 3.95 | 3.29 | 1.55 |
| Return ratios | ||||
| Return on assets % | 5.5% | 7.5% | 6.2% | 2.7% |
| Return on capital employed % | 8.8% | 13.3% | 14.9% | 12.2% |
| Return on equity % | — | — | — | — |
Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.